Explanation for PTS/AGS Holders goes here!

[Stan]

This thread is a good place for III to provide factual explanation to PTS/AGS holders!
I'm for the merge. I think BTS will continue to grow despite current disputes.
However I think a promise is a promise and it should be kept.
I think integrity is important and I believe most people will understand the following written "document" as I understood it the first time I saw it.
Any AGS/PTS investor believed in it and it was backed by @Bytemast, @Stan and III.

Thanks to sudo for pointing this out:

Don't forget the beginner's mind

https://github.com/InvictusInnovations/BitShares/blob/master/LICENSE.md

Social Consensus Software License - Version 1.0 - August 10, 2013
Copyright (c) 2013 Invictus Innovations, Inc. All rights reserved.

Redistribution and use in the source and binary forms, with or without modification, are permitted provided that the following condititons are met:
1.Redistributions of source code must retain the above copyright notice, this list of conditions and the following disclaimer.
2.Redistributions in binary form must reproduce the above copyright notice, this list of conditions and the following disclaimer in the documentation and/or other materials provided with the distribution.
3.Neither the name of Invictus Innovations, Inc nor the names of its contributors may be used to endorse or promote products derived from this software without specific prior written permission.
4.The genesis block of any blockchain must allocate 10% of the total lifetime shares ever allocated by the blockchain to the holders of BitShares PTS proportional to the percentage of total BitShares PTS held. Additionally 10% of the total lifetime shares ever allcoated by the blockchain to the holders of BitShares AGS must be allocated in the genesis block.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT. IN NO EVENT SHALL THE COPYRIGHT HOLDERS OR ANYONE DISTRIBUTING THE SOFTWARE BE LIABLE FOR ANY DAMAGES OR OTHER LIABILITY, WHETHER IN CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

Now III can explain how is this non-binding promise fulfilled.

It is up to developers to interpret this and the community to decide whether they have honored it satisfactorily or not.  Our job is to provide well-considered recommendations and opinions to this community.

My personal opinion is that the Social Consensus is not a suicide pact.

SuperDACs will out-compete our original DACs and SuperDACs can only promise what happens at genesis.  After that, its under control of how shareholders vote.

[emski]

That is a draft license not in the BitShares repo...  look at the actual toolkit license: 

And no-one can find reference of you/Stan/III stating that the license in OP is inplace?
And no-one can find a reference of the license in OP is invalid?

Then we are good to go... No written documents exists and there weren't any promises.

[bitmeat]

Don't you wish there was a smart contract controlling this? And then amendments would need to be voted on the blockchain. Ah... Too bad we are not there yet

[bytemaster]

This thread is a good place for III to provide factual explanation to PTS/AGS holders!
I'm for the merge. I think BTS will continue to grow despite current disputes.
However I think a promise is a promise and it should be kept.
I think integrity is important and I believe most people will understand the following written "document" as I understood it the first time I saw it.
Any AGS/PTS investor believed in it and it was backed by @Bytemast, @Stan and III.

Thanks to sudo for pointing this out:

Don't forget the beginner's mind

https://github.com/InvictusInnovations/BitShares/blob/master/LICENSE.md

Social Consensus Software License - Version 1.0 - August 10, 2013
Copyright (c) 2013 Invictus Innovations, Inc. All rights reserved.

Redistribution and use in the source and binary forms, with or without modification, are permitted provided that the following condititons are met:
1.Redistributions of source code must retain the above copyright notice, this list of conditions and the following disclaimer.
2.Redistributions in binary form must reproduce the above copyright notice, this list of conditions and the following disclaimer in the documentation and/or other materials provided with the distribution.
3.Neither the name of Invictus Innovations, Inc nor the names of its contributors may be used to endorse or promote products derived from this software without specific prior written permission.
4.The genesis block of any blockchain must allocate 10% of the total lifetime shares ever allocated by the blockchain to the holders of BitShares PTS proportional to the percentage of total BitShares PTS held. Additionally 10% of the total lifetime shares ever allcoated by the blockchain to the holders of BitShares AGS must be allocated in the genesis block.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT. IN NO EVENT SHALL THE COPYRIGHT HOLDERS OR ANYONE DISTRIBUTING THE SOFTWARE BE LIABLE FOR ANY DAMAGES OR OTHER LIABILITY, WHETHER IN CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

Now III can explain how is this non-binding promise fulfilled.

That is a draft license not in the BitShares repo...  look at the actual toolkit license: 

Code: [Select]

dlarimer@frodo ~]$ cat ~/projects/bitshares_toolkit/LICENSE.md
This is free and unencumbered software released into the public domain.

Anyone is free to copy, modify, publish, use, compile, sell, or
distribute this software, either in source code form or as a compiled
binary, for any purpose, commercial or non-commercial, and by any
means.

In jurisdictions that recognize copyright laws, the author or authors
of this software dedicate any and all copyright interest in the
software to the public domain. We make this dedication for the benefit
of the public at large and to the detriment of our heirs and
successors. We intend this dedication to be an overt act of
relinquishment in perpetuity of all present and future rights to this
software under copyright law.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND,
EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF
MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
IN NO EVENT SHALL THE AUTHORS BE LIABLE FOR ANY CLAIM, DAMAGES OR
OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE,
ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR
OTHER DEALINGS IN THE SOFTWARE.

For more information, please refer to <http://unlicense.org/>


[emski]

This thread is a good place for III to provide factual explanation to PTS/AGS holders!
I'm for the merge. I think BTS will continue to grow despite current disputes.
However I think a promise is a promise and it should be kept.
I think integrity is important and I believe most people will understand the following written "document" as I understood it the first time I saw it.
Any AGS/PTS investor believed in it and it was backed by @Bytemast, @Stan and III.

Thanks to sudo for pointing this out:

Don't forget the beginner's mind

https://github.com/InvictusInnovations/BitShares/blob/master/LICENSE.md

Social Consensus Software License - Version 1.0 - August 10, 2013
Copyright (c) 2013 Invictus Innovations, Inc. All rights reserved.

Redistribution and use in the source and binary forms, with or without modification, are permitted provided that the following condititons are met:
1.Redistributions of source code must retain the above copyright notice, this list of conditions and the following disclaimer.
2.Redistributions in binary form must reproduce the above copyright notice, this list of conditions and the following disclaimer in the documentation and/or other materials provided with the distribution.
3.Neither the name of Invictus Innovations, Inc nor the names of its contributors may be used to endorse or promote products derived from this software without specific prior written permission.
4.The genesis block of any blockchain must allocate 10% of the total lifetime shares ever allocated by the blockchain to the holders of BitShares PTS proportional to the percentage of total BitShares PTS held. Additionally 10% of the total lifetime shares ever allcoated by the blockchain to the holders of BitShares AGS must be allocated in the genesis block.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT. IN NO EVENT SHALL THE COPYRIGHT HOLDERS OR ANYONE DISTRIBUTING THE SOFTWARE BE LIABLE FOR ANY DAMAGES OR OTHER LIABILITY, WHETHER IN CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

Now III can explain how is this non-binding promise fulfilled.